since they pieced together the healthcare law. the senate has not passed a budget in four years so this marks the first time many of the newest senators go on the record voting for or against spending or higher taxes. the budget would be nonbinding so would act as guidelines for the u.s. government. but at the heart of the debate, how do you reduce the government's massive budget debt, and changes in taxes and spending. today the top democrat and the republican had their say. >> both sighs favor closing took loopholes that favor the wealthiest americans, and the senate thinks shouldsome revenue should be idea to tackle the deficit and invest in the middle class, not just simply cut tax rates for the rich. >> usually you can tax more and spend more and borrow more and that will somehow create growth and prosperity. i believe we have had four years of that experiment, which i fundamentally doubted and opposed from the beginning. and it hasn't worked. >> shepard: regardless of whether it's worked or hasn't, the insiders say the democ